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Alphamin - interim dividend announcement & update
Alphamin Resources Corp has declared an interim FY2026 cash dividend of CAD0.13 per share (approximately USD120m in aggregate), payable on 6 November 2026 to shareholders of record as at 23 October. The Dividend equates to R151.68140 cents per Alphamin share (based on an exchange rate of CAD1.00 = R11.6678 as at Monday, 5 October 2026. For JSE shareholders, shares commence trading ex-dividend on 21 October.
The company reported Q3 tin production of 5,030 tonnes and sales of 5 046 tonnes, broadly in line with guidance. Q3 EBITDA is guided at USD171m (up 2%), while all-in sustaining costs rise 8% to USD20 642 per tonne sold, and net cash strengthened significantly. On exploration, hole BGH206D2_T5 at Mpama South returned the widest and highest-grade intercept to date, 19.29m at 5.76% Sn. Underground development at Mpama North is 30% complete, with underground drilling expected in Q1 2027. Airborne VTEM surveying and geochemical sampling continue, and an updated Resource and Reserve estimate is slated for late Q4 2026.
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